NOCIL Limited (NOCIL) - Net Assets
Based on the latest financial reports, NOCIL Limited (NOCIL) has net assets worth Rs17.71 Billion INR (≈ $191.55 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs20.72 Billion ≈ $224.08 Million USD) and total liabilities (Rs3.01 Billion ≈ $32.53 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of NOCIL Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs17.71 Billion |
| % of Total Assets | 85.48% |
| Annual Growth Rate | 13.78% |
| 5-Year Change | 37.17% |
| 10-Year Change | 274.95% |
| Growth Volatility | 33.66 |
NOCIL Limited - Net Assets Trend (2005–2025)
This chart illustrates how NOCIL Limited's net assets have evolved over time, based on quarterly financial data. Also explore NOCIL total assets for the complete picture of this company's asset base.
Annual Net Assets for NOCIL Limited (2005–2025)
The table below shows the annual net assets of NOCIL Limited from 2005 to 2025. For live valuation and market cap data, see market cap of NOCIL Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs17.62 Billion ≈ $190.58 Million |
+3.75% |
| 2024-03-31 | Rs16.99 Billion ≈ $183.69 Million |
+9.44% |
| 2023-03-31 | Rs15.52 Billion ≈ $167.86 Million |
+7.40% |
| 2022-03-31 | Rs14.45 Billion ≈ $156.29 Million |
+12.49% |
| 2021-03-31 | Rs12.85 Billion ≈ $138.94 Million |
+8.39% |
| 2020-03-31 | Rs11.85 Billion ≈ $128.18 Million |
+1.91% |
| 2019-03-31 | Rs11.63 Billion ≈ $125.78 Million |
+11.12% |
| 2018-03-31 | Rs10.47 Billion ≈ $113.19 Million |
+75.60% |
| 2017-03-31 | Rs5.96 Billion ≈ $64.46 Million |
+26.82% |
| 2016-03-31 | Rs4.70 Billion ≈ $50.83 Million |
+13.26% |
| 2015-03-31 | Rs4.15 Billion ≈ $44.88 Million |
+9.91% |
| 2014-03-31 | Rs3.78 Billion ≈ $40.83 Million |
+3.44% |
| 2013-03-31 | Rs3.65 Billion ≈ $39.47 Million |
+9.23% |
| 2012-03-31 | Rs3.34 Billion ≈ $36.14 Million |
+7.47% |
| 2011-03-31 | Rs3.11 Billion ≈ $33.62 Million |
+7.69% |
| 2010-03-31 | Rs2.89 Billion ≈ $31.22 Million |
+8.95% |
| 2009-03-31 | Rs2.65 Billion ≈ $28.66 Million |
-18.14% |
| 2008-03-31 | Rs3.24 Billion ≈ $35.01 Million |
-1.85% |
| 2007-03-31 | Rs3.30 Billion ≈ $35.67 Million |
+1.54% |
| 2006-03-31 | Rs3.25 Billion ≈ $35.13 Million |
+143.76% |
| 2005-03-31 | Rs1.33 Billion ≈ $14.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NOCIL Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1479370200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs14.52 Billion | 82.38% |
| Common Stock | Rs1.67 Billion | 9.48% |
| Other Comprehensive Income | Rs1.10 Billion | 6.25% |
| Other Components | Rs333.90 Million | 1.89% |
| Total Equity | Rs17.62 Billion | 100.00% |
NOCIL Limited Competitors by Market Cap
The table below lists competitors of NOCIL Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Consorcio ARA S. A. B. de C. V.
MX:ARA
|
$324.07 Million |
|
Immuneering Corp
NASDAQ:IMRX
|
$324.14 Million |
|
MVB Financial Corp
NASDAQ:MVBF
|
$324.16 Million |
|
BAIRONG INC.CL.B -00002
F:6B5
|
$324.18 Million |
|
ICBC Turkey Bank AS
IS:ICBCT
|
$323.98 Million |
|
Kap Industrial Holdings Ltd
JSE:KAP
|
$323.85 Million |
|
ADTechnology Co.Ltd
KQ:200710
|
$323.80 Million |
|
ST George Mining Ltd
AU:SGQ
|
$323.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NOCIL Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,985,800,000 to 17,622,400,000, a change of 636,600,000 (3.7%).
- Net income of 1,028,600,000 contributed positively to equity growth.
- Dividend payments of 502,200,000 reduced retained earnings.
- Share repurchases of 46,800,000 reduced equity.
- New share issuances of 46,800,000 increased equity.
- Other comprehensive income increased equity by 61,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.03 Billion | +5.84% |
| Dividends Paid | Rs502.20 Million | -2.85% |
| Share Repurchases | Rs46.80 Million | -0.27% |
| Share Issuances | Rs46.80 Million | +0.27% |
| Other Comprehensive Income | Rs61.50 Million | +0.35% |
| Other Changes | Rs48.70 Million | +0.28% |
| Total Change | Rs- | 3.75% |
Book Value vs Market Value Analysis
This analysis compares NOCIL Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 16.50x to 1.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs10.87 | Rs179.37 | x |
| 2006-03-31 | Rs21.90 | Rs179.37 | x |
| 2007-03-31 | Rs20.51 | Rs179.37 | x |
| 2008-03-31 | Rs20.13 | Rs179.37 | x |
| 2009-03-31 | Rs16.48 | Rs179.37 | x |
| 2010-03-31 | Rs17.96 | Rs179.37 | x |
| 2011-03-31 | Rs19.34 | Rs179.37 | x |
| 2012-03-31 | Rs20.78 | Rs179.37 | x |
| 2013-03-31 | Rs22.70 | Rs179.37 | x |
| 2014-03-31 | Rs23.48 | Rs179.37 | x |
| 2015-03-31 | Rs25.60 | Rs179.37 | x |
| 2016-03-31 | Rs28.88 | Rs179.37 | x |
| 2017-03-31 | Rs36.28 | Rs179.37 | x |
| 2018-03-31 | Rs62.98 | Rs179.37 | x |
| 2019-03-31 | Rs70.01 | Rs179.37 | x |
| 2020-03-31 | Rs71.59 | Rs179.37 | x |
| 2021-03-31 | Rs77.28 | Rs179.37 | x |
| 2022-03-31 | Rs86.55 | Rs179.37 | x |
| 2023-03-31 | Rs92.87 | Rs179.37 | x |
| 2024-03-31 | Rs101.58 | Rs179.37 | x |
| 2025-03-31 | Rs105.36 | Rs179.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NOCIL Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.39%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.17x
- Recent ROE (5.84%) is below the historical average (17.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 129.80% | 63.07% | 0.92x | 2.23x | Rs1.60 Billion |
| 2006 | 18.77% | 17.25% | 0.84x | 1.30x | Rs284.71 Million |
| 2007 | 7.11% | 7.70% | 0.71x | 1.30x | Rs-95.38 Million |
| 2008 | 3.47% | 3.12% | 0.76x | 1.45x | Rs-211.29 Million |
| 2009 | 14.03% | 7.99% | 1.16x | 1.51x | Rs106.91 Million |
| 2010 | 12.12% | 8.03% | 1.03x | 1.47x | Rs61.27 Million |
| 2011 | 10.78% | 7.47% | 1.01x | 1.43x | Rs24.16 Million |
| 2012 | 10.34% | 7.22% | 0.87x | 1.65x | Rs11.35 Million |
| 2013 | 11.54% | 8.68% | 0.74x | 1.81x | Rs56.35 Million |
| 2014 | 6.32% | 4.00% | 0.81x | 1.94x | Rs-139.02 Million |
| 2015 | 13.76% | 7.94% | 0.95x | 1.82x | Rs156.03 Million |
| 2016 | 16.65% | 10.94% | 1.05x | 1.45x | Rs312.62 Million |
| 2017 | 20.20% | 16.23% | 0.94x | 1.32x | Rs608.22 Million |
| 2018 | 16.24% | 17.79% | 0.71x | 1.29x | Rs652.63 Million |
| 2019 | 15.89% | 17.94% | 0.71x | 1.24x | Rs685.49 Million |
| 2020 | 11.02% | 15.60% | 0.58x | 1.22x | Rs121.46 Million |
| 2021 | 6.88% | 9.68% | 0.57x | 1.26x | Rs-400.63 Million |
| 2022 | 12.19% | 11.28% | 0.85x | 1.27x | Rs315.89 Million |
| 2023 | 9.61% | 9.23% | 0.87x | 1.20x | Rs-60.63 Million |
| 2024 | 7.83% | 9.25% | 0.71x | 1.19x | Rs-368.58 Million |
| 2025 | 5.84% | 7.39% | 0.68x | 1.17x | Rs-733.64 Million |
Industry Comparison
This section compares NOCIL Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $8,233,598,031
- Average return on equity (ROE) among peers: 14.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NOCIL Limited (NOCIL) | Rs17.71 Billion | 129.80% | 0.17x | $324.00 Million |
| Aarti Industries Limited (AARTIIND) | $16.55 Billion | 20.11% | 1.65x | $1.99 Billion |
| Aarti Surfactants Limited (AARTISURF) | $1.11 Billion | 1.88% | 1.36x | $37.34 Million |
| ABM International Limited (ABMINTLLTD) | $161.33 Million | 4.08% | 2.02x | $4.23 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $1.66 Billion | 30.02% | 1.39x | $420.87 Million |
| Aether Industries Limited (AETHER) | $22.26 Billion | 7.12% | 0.19x | $1.68 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $9.20 Billion | 20.25% | 0.96x | $1.45 Billion |
| Alkali Metals Limited (ALKALI) | $528.67 Million | 5.51% | 1.00x | $7.38 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $980.47 Million | 17.95% | 1.88x | $838.56 Million |
| Ami Organics Limited (AMIORG) | $576.82 Million | 32.06% | 1.70x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $29.31 Billion | 4.39% | 0.57x | $1.65 Billion |
About NOCIL Limited
NOCIL Limited engages in the manufacture and sale of rubber chemicals for tire, automotive, rubber goods, and industrial sectors in India and internationally. It offers rubber chemicals, including pilflex, pilnox, pilcure, and pilgard, as well as anti-degradants/anti-oxidants accelerators. The company also provides technical services. NOCIL Limited was incorporated in 1961 and is headquartered in… Read more